Long 1-2 setup / corrective structure seems complete

17 Eyl 2023

After a potential triangle formation that is complete in the larger timeframe, price rallied in 5 waves and came down in 3 waves. The 3 wave correction looks complete and so far it held the relevant support level(black fibonacci box). Therefore price is ready to rally in a third wave targeting at least 0.11 dollars. To confirm, it needs a first smaller impulse to the upside above the b wave high at 0.0914.

19 Eyl 2023

İşlem elle kapatılmış

this rather turned into an abc to the upside. on the bearish interpretation of the chart, we now reached the short interest zone with seemingly an abc to the upside into the short pullback zone. So yeah... I'm out of the long trade here.